Gulf Warehousing Company (GWC Group) reported a third-quarter net profit of QR32.3mn, up 37% year-on-year (y-o-y), and 13% over the second quarter of 2026, reflecting strong operational execution across regional markets.
Gross revenues reached QR397.8mn, while earnings per share year-to-date came in at QR0.161, in comparison to 0.140 in the same period in 2025.
The strong quarterly performance brought the group’s net profit growth for the first nine months of 2026 to 15% compared to the same period last year.
GWC Group chairman Sheikh Mohammed bin Hamad bin Jassim bin Jaber al-Thani said, “Our third-quarter results reflect our resilience and discipline. Our double-digit net profit growth shows that diversifying our logistics business is delivering returns for shareholders. The value of this investment extends to the businesses we enable, strengthening their ability to serve their own customers and sustain the supply chains that support economic activity.”
GWC Group managing director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani said, “Our growth reflects rising market demand and the confidence customers place in GWC. Earning and sustaining that confidence remains central to our success. We will continue anticipating customer needs and developing solutions that enable trade flows across the GCC and beyond, keeping essential goods moving and serving our communities.”
GWC Group CEO Matthew Kearns said, “Our international revenue has doubled year-on-year, reflecting the progress we are making in connecting our capabilities across markets and growing our business beyond Qatar. The strength of GWC lies in the scale of our physical infrastructure, the reach of our regional network and the expertise of our people.
“We are investing in AI-enabled digital infrastructure to strengthen interoperability across our operations, bringing these strengths together to serve customers more effectively and create new opportunities for growth.”
